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Workiva has allowed my team to leverage connected, reliable, and actionable content.
What do you like best about the product?
Workiva has allowed to make a lot of our complex work simple. "Collaboration" can be very subjective to how it is defined. Workiva has offered us a fully controlled, connected, consistent, truly collaborative environment that has helped my team not only save time but provide a much better product to our customers.
What do you dislike about the product?
I believe the only downside of using Workiva is the resistance to change your bound to face.
What problems is the product solving and how is that benefiting you?
Workiva is helping our business move closer to a more dynamic delivery of our regulatory reporting requirements.
SEC Reporting
What do you like best about the product?
I love the linking capabilities which allow us to use a single source for our filing documents. I also really love the new "mark-up" feature for attachments and can't wait for it to be rolled out to spreadsheets.
What do you dislike about the product?
I haven't come across anything that I dislike at this point.
What problems is the product solving and how is that benefiting you?
Automation; by importing our main financial statements I can be sure there are no typos and that the most current information is in Wdesk.
One stop Shop
What do you like best about the product?
The fact that it made collaboration a breeze!
What do you dislike about the product?
Need to pay extra to get the tools that interface with other systems within my company (wdata)
What problems is the product solving and how is that benefiting you?
We reduced our turnaround time for SEC reporting by almost 90%. We use Wdesk sync to push through data to our main documents (10-K & 10-Q). Everyones ability to be in the document at the same time was a winner.
Recommendations to others considering the product:
Don't think twice if you have a large enough team and too many unnecessary manual processes.
Workiva SOX Platform Review
What do you like best about the product?
I like the ability to create ad-hoc reporting
What do you dislike about the product?
The SOX FY20 test form that was designed could use some rework.
What problems is the product solving and how is that benefiting you?
We are working to redesign the FY21 test form to better streamline it.
Recommendations to others considering the product:
Workiva has great customer service and has a group of very resourceful individuals. Workiva help streamline our SOX audit repository and we are able to create ad-hoc reporting for status, etc.
Workiva makes it easy to process data and review in a remote environment!
What do you like best about the product?
Linking of spreadsheets to our document and the review functionality makes it easy in a remote environment for our disclosure committee.
What do you dislike about the product?
I dislike the XBRL tagging especially new footnotes that have to be tagged
What problems is the product solving and how is that benefiting you?
Using a single source to link our financial results to our financial reports
Recommendations to others considering the product:
Workiva is a great integrated platform for preparing your SEC reports
Workiva Streamlines and Improves Processes
What do you like best about the product?
I like that it's cloud-based and constantly tracking any updates that are being made.
What do you dislike about the product?
I dislike some of the support offerings. Not all support staff are well versed in more complex parts of the platform.
What problems is the product solving and how is that benefiting you?
We complete our SEC reporting and all financial reporting deliverables in Wdesk, which saves us time completing the documents and time reviewing the documents.
Recommendations to others considering the product:
Consider locking into a long term contract to help avoid/offset annual price increases
Workiva Wdesk SOX workspace
What do you like best about the product?
Workiva Wdesk has allowed us in Internal Audit to maximize efficiency and standardize our reporting and testing procedures across our global company. We have also been able to train plant employees how to utilize the tool and conduct our Control Self-Evaluation (CSE) process in Wdesk as well.
What do you dislike about the product?
The downside of Workiva, and really the only one, that we have experienced has been the connectivity issues in China. Our Chinese counterparts are unable to use the tool in an efficient way. Because of this, the admins in North America must load data manually for them.
What problems is the product solving and how is that benefiting you?
We are able to easily track and report on issues found in our Internal Control environment and pass along this information in a smooth manner to upper-level management (CFO, CAO, CEO). This has streamlined our ability to enhance the internal control environment throughout the company. We have begun to create our reports in Wdesk as well and have centralized almost all of our day-to-day activities in the tool.
Great app for financial reports and statements
What do you like best about the product?
Word and excel ability within Workiva which is really helpful
What do you dislike about the product?
you are unable to change or go back to the last saved version
What problems is the product solving and how is that benefiting you?
Automation of reports
using Workiva for SEC reporting and compliance
What do you like best about the product?
ease of use, how often updates are made, system learns from your previous actions and applies formats automatically
What do you dislike about the product?
I would like to be able to push synchronization of language changes, or determine how often the system synchronizes the edits
What problems is the product solving and how is that benefiting you?
ease of use, less time spent on comments, concentration on disclosure tweaks
You can do everything in one place!
What do you like best about the product?
They are constantly updating the program to make it better!
What do you dislike about the product?
I wish the program had more advanced mark up tools.
What problems is the product solving and how is that benefiting you?
It helps so much with communication and tasks! No more emailing process owners.
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